Editorial: U.S. economy needs a higher minimum wage

The American economy is stuck.
The recession has been over, according to well-paid economists and bureaucrats, for more than four years. But long-term unemployment remains stuck at its highest level since World War II.
Financial inequality is only getting worse, which means that more and more money is pooling in places where it is useless to the broader economy, behaving as so much mosquito-breeding brackish water.
The federal budget deficit is declining, and interest rates are practically froz...